scam

An advance-fee scam is a form of fraud and one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster requires in order to obtain the large sum.

Source: en.wikipedia.org

FTC Ends $7M Payday Loan Scam

FTC Ends $7M Payday Loan Scam
FTC Ends $7M Payday Loan Scam
December 01, 2016  |  Cybersecurity

The Federal Trade Commission shut down a data broker operation that allegedly cheated consumers out of $7.1 million. The scheme is accused of collecting sensitive...

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UK Freshman College Students Target Of Email Scam
UK Freshman College Students Target Of Email Scam
August 15, 2016  |  Cybersecurity

Hackers are preying on freshman college students in the U.K., tricking them into clicking on a link to update their information that could lead to...

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FTC/Data Broker Settle Over Selling Scammers’ Bank Account Data
FTC/Data Broker Settle Over Selling Scammers’ Bank Account Data
February 19, 2016  |  Cybersecurity

Defendants accused of intentionally brokering hundreds of thousands of consumers’ sensitive data have settled their case brought by the Federal Trade Commission. Get the Full...

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FTC Sends Money To Payday Loan Scam Victims
FTC Sends Money To Payday Loan Scam Victims
February 18, 2016  |  Cybersecurity

In the wake of a payday lending scam that swindled money from consumers, the Federal Trade Commission is sending checks to consumers affected by the...

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